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Stay with ICICI Bank, says Rajat Bose

Rajat Bose of rajatkbose.com advises holding ICICI Bank.

June 13, 2017 / 14:55 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "One should continue to hold ICICI Bank. But my suggestion is that immediately there would be some resistance between Rs 326 and Rs 335. Unless ICICI Bank takes out that, there is a possibility that it might actually retest the levels of Rs 300-285. I would have actually put a stoploss below Rs 295. To be fair and honest, I have personally sold ICICI Bank stocks yesterday and I purchased that at around Rs 200. One can actually continue to hold putting a stoploss at Rs 295."

The share touched its 52-week high Rs 327.50 and 52-week low Rs 232.80 on 01 June, 2017 and 24 June, 2016, respectively.

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first published: Jun 13, 2017 02:49 pm

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